$2.2 Billion Wiped Out as XRP and Other Altcoins Collapse

Crypto Market Suffers Mass Liquidations Exceeding $2 Billion

According to data from crypto analytics platform CoinGlass, the crypto market has experienced significant liquidations, with over $2.21 billion lost in the past 24 hours.

Long positions account for the majority of these losses ($1.87 billion). Global trading platform Binance has seen the highest amount of liquidations.

XRP, the token affiliated with Ripple, has been heavily impacted, dropping nearly 25% over 24 hours. Other major cryptocurrencies like Ethereum (ETH) and BNB have also faced double-digit losses.

Currently, no top 100 cryptocurrency is in the green, with the exception of stablecoins. Read original article on